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Conceptual ambiguities and statistical weaknesses hamper the assessment of external competitiveness. The term competitiveness, while applied extensively, is often imprecisely defined, which can result in analytical errors and mistaken policy advice. Furthermore, aggregate statistical measures of...
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This 2013 Article IV Consultation highlights that on the back of new policy framework, growth in Japan accelerated …
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materialize, the Bank of Japan (BoJ) should act swiftly through further and/or longer- dated asset purchases. Communication should … coming years with uncertain net effects—higher exports and capital outflows—in the short term. As long as Japan continues …
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This Selected Issues paper examines implications for long-term bond yields in case of Japan. The analysis finds that so …
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United Kingdom, the euro area, and Japan during the recent crisis on interbank credit and liquidity risk premia …
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